Andrew Follett for the Daily Caller: Officials from Britain’s wind industry are terrified their subsidies and tax incentives will end because of the U.K.’s decision to leave the European Union, according to a report by Reuters published Friday. The report found that British wind companies, particularly ones that specialize in offshore wind power, are worried that Brexit places the government subsidies and easy access to financing at risk. The industry is deeply dependent on these subsidies to make projects more economically viable. Britain’s political uncertainty following the pending resignation of Prime Minister David Cameron means cuts to subsidies are likely. The Brexit could also make it much harder for wind companies to get loans from European banks, which could significantly slow the expansion of wind power. Cont'd...
JD-Contractor Commission Trenching Scope on Kriegers Flak Offshore Windfarm
• LCoE for offshore wind power below eight euro cents per kWh by 2025 • Levers include digitalization and innovative foundations • Competitive energy supply and climate protection
Environment New York praised the move as a critical step to unleashing the immense power of the winds off of New York's coast and a pivotal opportunity for New York leaders to act.
By Daniel Cusick, ClimateWire for Scientific American: The first offshore wind farm in the United States is set to begin delivering power to Rhode Island’s electricity grid by year’s end, a milestone that could help reshape energy markets from New England to South Florida, experts say. But for U.S. offshore wind power to achieve its full potential, as much as 4 gigawatts of capacity, it will need a major influx of capital and know-how, much of which will come from Europe, where the technology has a 25-year performance record and now accounts for 11 GW of generation capacity on the continent. Representatives of top U.S. and European wind firms—including executives of Deepwater Wind, the firm building the 30-megawatt Block Island Wind Farm off Rhode Island—told industry peers gathered on the Gulf Coast last week that the industry should act now to establish the technical, logistical and policy frameworks to build more offshore wind farms in the United States. Cont'd...
DONG Energy Completes Acquisition of U.S. offshore wind development project in New Jersey - Announces "Ocean Wind"
DONG Energy has acquired RES Americas Developments Inc.'s (RES) more than 1000MW development project rights off the coast of New Jersey
EDF Group Signs a Strategic Partnership with Enbridge for the Three First Offshore Wind Farms Projects off the French Coast
Through this agreement, Enbridge acquires a 50% stake in Eolien Maritime France (EMF), the company controlling the three future offshore wind farms. EDF Energies Nouvelles and Enbridge will be co-owners (50/50) of EMF.
Hornsea One will be the world's first offshore wind farm to exceed 1,000 MW.
East Anglia ONE to have a total capacity of 714 megawatts Largest order to date for the 7 MW wind turbine Second offshore project for ScottishPower Renewables Service initially agreed for first five years
SCOTT WALDMAN for Politico : The federal government has designated an 81,000-acre area off of Long Island for possible commercial offshore wind development. The move by the federal Bureau of Ocean Energy Management on Wednesday to open the federal waters 11 miles off of New York to major wind development projects will be a significant boost to the Cuomo administration’s aggressive climate policies. The Bureau of Ocean Energy Management will now conduct an environmental assessment, with a possible sale of leases to follow. “New York has tremendous offshore wind potential, and today's milestone marks another important step in the President's strategy to tap clean, renewable energy from the Nation’s vast wind and solar resources,” U.S. Secretary of the Interior Sally Jewell said in a statement. “We will continue to work with the State and local stakeholders through a collaborative effort as we determine what places have the highest potential and lowest conflict to harness the enormous wind energy potential off the Atlantic seaboard.” Cont'd...
Report on Offshore Wind in Massachusetts Confirms Outlook for Market Driving Low Cost at Larger Scale to Power State's Clean Energy Future
Study finds State's commitment to offshore wind would enable markets and technology to generate a more than 50% drop in cost - and below or at-market energy prices for ratepayers - in next decade
By PHILIP MARCELO for AP: The offshore wind industry has high hopes for establishing a permanent beachhead in the U.S. after years of disappointment. Business leaders and politicians who gathered for an industry conference in Boston this week said wealthy investment firms and seasoned European offshore wind companies are increasingly committing to projects along the East Coast. That, they said, is evidence a domestic industry dreamed about for nearly two decades is finally on its way. "There's a palpable sense that it's finally happening," said Bryan Martin, a managing director at D.E. Shaw & Co. That New York hedge fund is the principal backer of Deepwater Wind, a Rhode Island-based company looking to launch the country's first offshore wind farm off Block Island by the end of the year. "The U.S. tends to start small and ramp up very fast. I believe that will happen with offshore wind." Among the significant new players to emerge in the past year is DONG Energy, a Danish firm that operates more than a dozen wind farms, including some of Europe's largest. Cont'd...
The Environmental Award sponsored by Nor-Shipping is awarded to a company, project or product that has made a significant contribution to a reduction in the environmental footprint of the OSV industry.
DONG Energy has agreed to take over RES Americas Developments Inc.'s (RES) more than 1000MW newly assigned development project rights off the coast of New Jersey
Offshore Wind Supply Chain Organizations Work Together To Build an Offshore Wind Supply Chain and U.S. Network
The Business Network for Offshore Wind (The Network) and the Maine Ocean & Wind Industry Initiative (MOWII) are pleased to work cooperatively to build an offshore wind supply chain and a larger U.S. Network through working together on the 2016 International Offshore Wind Partnering Forum (IPF). The 2016 IPF will take place in Newport, Rhode Island from October 2-5. Details may be found at: www.2016IPF.com
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